Ok ok ok. We won’t make light of this. The man doesn’t deserve physical harm or misery. But seriously. On Monday it was announced that former Full Tilt stooge CEO Ray Bitar would plead guilty…
Oh By The Way, the DoJ Controls UltimateBet Assets Now
Overlooked in all of the finality of PokerStars‘ acquisition of Full Tilt Poker yesterday was that the U.S. government will soon control the assets to UltimateBet/Absolute Poker. States the Government: The motion also requests that…
PokerStars Settles With DoJ, Acquires Full Tilt Poker Assets
Finally, it’s final. PokerStars has reached a settlement agreement with the U.S. Department of Justice to acquire Full Tilt Poker for a total price tag of $731M (not far off the initial reports from April of…
Groupe Bernard Tapie Out of Full Tilt Poker Acquisition–PokerStars New Buyer?
Tapie tapped out. PokerStars jumped in. In a rapidly developing story, it appears as if PokerStars has acquired Full Tilt Poker. According to reports and sources, PokerStars will cover both U.S. player balances and globals…
Black Friday Fallout: Chad Elie Pleads Guilty
One of the payment processor operators indicted on Black FridayTM, Chad Elie, 32, pled guilty Monday to conspiring to commit bank fraud and operate illegal gambling businesses. Elie faces up to 5 years in federal…